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Stoltenberg says he assumes monetary cooperation will continue | |
Shr eight cts vs six cts Net 22 mln vs 18 mln Revs 994 mln vs 910 mln Nine mths Shr 19 cts vs 20 cts Net 55 mln vs 54 mln Revs 2.9 billion vs 2.7 billion NOTE: 1987 3rd qtr and nine mths include pre-tax gains of from antitrust settlement of 2000000 dlrs and 6000000 dlrs respectively. 3rd qtr 1986 includes pre-tax gain ... | MCI COMMUNICATIONS CORP <MCIC.O> 3RD QTR NET |
Shr 1.03 dlrs vs 88 cts Net 59.5 mln vs 51.9 mln Revs 641.7 mln vs 557.8 mln Avg shrs 57.4 mln vs 59.0 mln Nine mths Shr 2.51 dlrs vs 2.14 dlrs Net 145.2 mln vs 126.4 mln Revs 1.71 billion vs 1.47 billion Avg shrs 57.8 mln vs 59.0 mln NOTE: 1986 figures restated to reflected change in accounting methods related to pens... | STERLING DRUG INC <STY> 3RD QTR NET |
CAE Electronics Inc wholly-owned by Cae Industries Ltd said it received a contract worth nine mln Canadian dlrs to design and manufacture an A-320 aircraft flight simulator for Lufthansa German Airlines. It said the simulator is scheduled for delivery in late 1989. Reuter | CAE <CAE.TO> UNIT WINS LUFTHANSA CONTRACT |
Phelps Dodge Corp said net earnings nearly tripled in the third quarter on sharply higher copper prices increased sales and strong earnings from a new chemicals business. The company also recorded a gain of 21.3 mln dlrs or 57 cents a diluted share from a tax loss carryforward and gain on early debt retirement. Copper ... | PHELPS DODGE <PD> NET RISES ON COPPER STRENGTH |
Qtly div 42 cts vs 42 cts prior Pay December 10 Record November 20 Reuter | JOHNSON AND JOHNSON <JNJ> SETS QTLY DIVIDEND |
NEIMAN-MARCUS GROUP 2ND QTR NET LOSS 69.0 MLN VS PROFIT 3,682,000 | |
Shr 1.16 dlrs vs 1.19 dlrs Net 151.4 mln vs 152.4 mln Revs 1.31 billion vs 1.17 billion Avg shrs 130.0 mln vs 127.6 mln 12 mths Shr 3.03 dlrs vs 2.85 dlrs Net 392.7 mln vs 353.0 mln Revs 4.32 billion vs 4.14 billion Avg shrs 129.8 mln vs 123.9 mln Reuter | FPL GROUP INC <FPL> 3RD QTR NET |
French 13-week T-Bill rate rises to 8.54 pct from 7.65 -- Bank of France | |
Wang Laboratories Inc expects revenues for the year ending June 30 1988 to increase 12 to 15 pct over fiscal 1987 to 3.2 billion dlrs President Frederick Wang said. He told a news conference after-tax profit for the year should increase by three to five pct. Earlier Wang said first quarter revenues increased 16 to 693 ... | WANG LABS <WAN> BETTER NET ON INCREASED REVENUES |
International Multifoods Corp said it filed a suit charging Bregman Partners and its affiliates unlawfully planned to acquire control of the company. In a suit filed in U.S. District Court International Multifoods said Bregman Partners and its affiliates who reportedly hold 7.4 pct of the companys shares tried to induc... | MULTIFOODS <IMC> FILES SUIT AGAINST BREGMAN |
STERLING DRUG INC 3RD QTR SHR 1.03 DLRS VS 88 CTS | |
<Salomon Brothers Inc> is not withdrawing as a market maker in euroyen bonds contrary to strong market rumours circulating in London a London-based spokeswoman for the companys New York headquarters said. Earlier a spokesman for Salomon Brothers London operations declined to comment at all on rumours that have been ... | SALOMON NOT PULLING OUT OF EUROYEN BONDS |
Shr 47 cts vs 48 cts Net 505.0 mln vs 533.0 mln Revs 8.47 billion vs 8.43 billion Nine mths. Shr 1.42 dlrs vs 1.16 dlrs Net 1.55 billion vs 1.31 billlion Revs 25.0 billion vs 25.56 billion NOTE: Full name is American Telephone and Telegraph Co. NOTE: Prior quarter and nine mth net reduced by 25 mln dlrs or two cts per ... | AT AND T <T> 3RD QTR NET |
Shr loss 13 cts vs loss 20 cts Net loss 1343266 vs loss 2086086 Revs 82.3 mln vs 80.3 mln Year Shr loss 1.83 dlrs vs profit 1.24 dlrs Net loss 19.2 mln vs profit 13.4 mln Revs 388.1 mln vs 370.3 mln NOTE: 1987 year includes charge 15.0 mln dlrs pre-tax for inventory valuation allowance. 1987 year also includes charge 1... | GORDON JEWELRY CORP <GOR> 4TH QTR AUG 31 LOSS |
The Canadian division of General Motors Corp will make its first economic offer later Monday in contract negotiations with 40000 members of the Canadian Auto Workers the union said. The union is seeking the same contract pattern it has reached at the Canadian units of Ford Motor Co and Chrysler Corp including partial p... | GM CANADA TO MAKE CONTRACT OFFER TO UNION |
West German government sources said Bonn remained committed to the Louvre Accord to stabilise currencies which was struck by leading western democracies in Paris last February. Over the weekend U.S. Treasury Secretary James Baker criticised recent rises in West German short-term interest rates and said such development... | WEST GERMANY STILL COMMITTED TO LOUVRE ACCORD |
The recent sharp rise in U.S. interest rates sparked turmoil in the fixed-income markets but underwriters said they doubt company treasurers will rush to borrow before rates increase further. Corporate treasurers will continue to issue new debt when they believe they are borrowing at an attractive rate said an underwri... | U.S. CORPORATE FINANCE - COMPANIES ON SIDELINES |
The Canadian division of General Motors Corp will make its first economic offer later today in contract negotiations with 40000 members of the Canadian Auto Workers the union said. The union is seeking the same contract pattern it has reached at the Canadian units of Ford Motor Co <F> and Chrysler Corp <C> includ... | GM <GM> CANADA TO MAKE CONTRACT OFFER TO UNION |
Federal Deposit Insurance Corp Chairman William Seidman said he would be concerned about the impact on banks of a further sharp rise in interest rates. However Seidman attending the American Bankers Association convention said he did not expect rates to rise much higher and said the outlook for the U.S. economy and for... | FDIC'S SEIDMAN SAYS HIGHER RATES COULD HARM BANKS |
The Federal Reserve is expected to enter the government securities market to supply reserves to the banking system via system repurchase agreements economists said. Most economists said the Fed would execute three-day system repurchases to meet a substantial need to add reserves in the current maintenance period althou... | FED SEEN ADDING RESERVES VIA SYSTEM REPOS |
MCI COMMUNICATIONS CORP 3RD QTR PER SHR EIGHT CTS VS SIX CTS | |
Inland Steel Co said it and the USS Division of USX Corp <X> are continuing to pursue plans for construction of a state-of-the-art line for continuous prepainting of steel coils. It said the proposed line will primarily serve the appliance market. It said a location for the new plant has yet to be selected. Reuter | INLAND <IAD> PLANS TO PROCEED WITH PLANT |
Shr 40 cts vs 54 cts Net 4442000 vs 6375000 Sales 102.8 mln vs 102.5 mln Avg shrs 11.1 mln vs 11.6 mln NOTE: Share adjusted for August 1987 five-for-four split. Reuter | STANDARD PRODUCTS CO <SPD> 1ST QTR SEPT 30 NET |
Financial Corp of America in reporting a third quarter loss said gains on the sale of loans and mortgage-backed securities which has been the companys main source of profit during the past two years fell to 12.4 mln dlrs as compared to a 93.4 mln in the third quarter last year. It said the income was reduced by adverse... | FINANCIAL CORP <FIN> LOAN SALES DOWN IN QTR |
Rorer Group Incs Armour Pharmaceutical Co said it received Food and Drug Administration approval for a blood clotting drug for hemophiliacs. The company said the drug monoclate antihemophilic factor will treat hemophilia A the most common form of hereditary blood clotting disorder. Monoclate is 99 pct free of unwanted ... | RORER <ROR> UNIT CLOTTING DRUG APPROVED |
AMERICAN TELEPHONE AND TELEGRAPH CO 3RD QTR SHR 47 CTS VS 48 CTS | |
Shr 17 cts vs 37 cts Net 1783000 vs 4028000 Nine mths Shr 52 cts vs 1.03 dlrs Net 5587000 vs 11.1 mln Reuter | BANKEAST CORP <BENH.O> 3RD QTR NET |
LONDON'S FTSE 100 SHARE INDEX DROPS RECORD 301.5 POINTS TO 2000.4 at 1457 GMT | |
Shr 30 cts vs 12 cts Net 2191000 vs 852000 Sales 106.6 mln vs 102.9 mln Nine mths Shr 44 cts vs 40 cts Net 3236000 vs 2919000 Sales 297.9 mln vs 297.9 mln Reuter | DALLAS CORP <DLS> 3RD QTR NET |
SALOMON BROS SAYS IT IS NOT WITHDRAWING FROM EUROYEN BOND MARKET | |
Shr 34 cts vs 62 cts Net 4717000 vs 8277000 Revs 213.4 mln vs 158.7 mln Nine mths Oper shr 1.18 dlrs vs 1.54 dlrs Oper net 16.2 mln vs 17.8 mln Revs 517.2 mln vs 451.4 mln Avg shrs 13.7 mln vs 11.6 mln NOTE: 1986 nine mths net exclude204000 dlr gain from reversion of pension assets. 1987 net both periods includes preta... | ANCHOR GLASS CONTAINER CORP <ANC> 3RD QTR NET |
SALOMON BROS SAYS IT IS NOT RPT NOT WITHDRAWING FROM EUROYEN BOND MARKET | |
Shr 90 cts vs 84 cts Net 185.5 mln vs 171.5 mln Revs 1.08 billion vs 1.07 billion Nine mths Shr 1.85 dlrs vs 1.90 dlrs Net 378.9 mln vs 389.5 mln Revs 2.67 billion vs 2.69 billion 12 mths Shr 2.15 dlrs vs 1.87 dlrs Net 440.7 mln vs 382.0 mln Revs 3.47 billion vs 3.47 billion Reuter | MIDDLE SOUTH UTILITIES INC <MSU> 3RD QTR NET |
Industrial Equity (Pacific) Ltd a Hong Kong-based investment firm leading a group holding 19.1 pct of Calmat Cos common stock said it intends to submit to Calmat a proposal for a possible business combination. In a filing with the Securities and Exchange Commission Industrial Equity (Pacific) did not disclose details o... | INDUSTRIAL EQUITY TO MAKE PROPOSAL TO CALMAT<CZM> |
Kaiser Steel Corps plant in Napa Calif has been purchased by Oregon Steel Mills for 16 mln dlrs the privately owned Portland company said. The transaction was approved by the U.S. bankruptcy judge in Denver who is hearing Kaiser Steels Chapter 11 reorganization case. James Mccaughey former vice president of sales for K... | OREGON STEEL BUYS KAISER'S NAPA VALLEY PLANT |
Shr primary 68 cts vs 34 cts Shr diluted 65 cts vs 34 cts Net 129.7 mln vs 52.9 mln Revs 2.22 billlion vs 2.42 billion Avg shrs primary 152.1 mln vs 147.1 mln Avg shrs diluted 199.8 mln vs 147.1 mln Nine mths Shr primary 1.89 dlrs vs 1.00 dlrs Shr diluted 1.84 dlrs vs 1.00 dlrs Net 361.1 mln vs 145.1 mln Revs 6.91 bill... | UNISYS CORP <UIS> 3RD QTR NET |
Shr 24 cts vs 26 cts Net 959000 vs 1033000 Assets 273.6 mln vs 236.3 mln Deposits 183.6 mln vs 173.9 mln Loans 133.3 mln vs 104.9 mln NOTE: Full name of company is Woburn Five Cents Savings Bank. Reuter | WOBURN FIVE CENTS SAVINGS <WOBS.O> 1ST QTR NET |
Semi div 12 cts vs 12 cts prior Pay Nov 10 Record Oct 27 Reuter | GOTAAS-LARSEN SHIPPING CORP <GOTLF.O> IN PAYOUT |
Shr 59 cts Qtly div eight cts vs eight cts prior Net 1675000 vs 1302000 Assets 613.3 mln vs 603.5 mln Deposits 523.7 mln vs 517.8 mln Loans 469.2 mln vs 449.5 mln NOTE: 1986 per share figures not available because bank converted to stock ownership Dec 18 1986. Dividend payable Dec 11 to shareholders of record Nov 13. F... | FIRST FEDERAL SAVINGS <FCHT.O> 1ST QTR NET |
Coastal Corp said that effective October 16 it had raised posted prices for crude oil by 50 cts a barrel. The increase brings West Texas Intermediate to 9.00 dlrs a barrel and West Texas Sour to 18.10 dlrs a barrel. Sun Co <SUN> announced that it would make a 50 cts a barrel increase late Friday bringing WTI to 19.0... | COASTAL <CGP> RAISES OIL POSTED PRICES |
SALOMON BROTHERS INT'L PULLS OUT OF EUROYEN BOND MARKET - DEALERS | |
SALOMON BROTHERS INT'L PULLS OUT OF EUROYEN BOND MARKET - DEALERS | |
DOW JONES INDUSTRIAL AVERAGE FALLS 200 POINTS | |
An Iowa State University study showed pork contains considerably less fat than indicated by long-established U.S. Department of Agriculture statistics the National Pork Producers Council (NPPC) said. Six of the seven muscle cuts evaluated in the study averaged 4.3 pct fat or less well below American Heart Association g... | STUDY SAYS PORK LEANER THAN USDA FIGURES SHOW |
The Soviet Union outlined its economic targets for 1988 on Monday stressing the need to improve standards in the countrys sluggish engineering industry. Planning chief Nikolai Talyzin told the Supreme Soviet industrial output should rise by 4.5 pct in 1988 up from a planned 4.4 pct in 1987. It rose 3.6 pct in Jan-Sept ... | SOVIETS OUTLINE 1988 ECONOMIC TARGETS |
The official Soviet news agency Tass denounced a U.S. Attack on an Iranian oil-drilling platform in the Gulf on Monday as military adventurism and said it would bring no dividends to the Reagan administration. Tass commentator Mikhail Krutikhin said the administration had embarked on an adventurist path in order to def... | TASS DENOUNCES U.S. ATTACK ON IRAN AS ADVENTURISM |
U.S. Energy Secretary John Herrington arrived in Rabat on Monday after a tour of the Gulf and the Middle East. Herrington who is scheduled to meet King Hassan during his 24-hour official visit said on arrival he would discuss regional and international issues with Moroccan leaders. Morocco is the last stop of a tour th... | U.S. ENERGY SECRETARY IN MOROCCO AFTER GULF TOUR |
The International Telecommunications Union which regulates communications worldwide decided at the end of a five-week conference to allow mobile phone systems to be linked with satellites telecommunications officials said. Until now car phones have been linked with land stations and have been limited mainly to urban ar... | WORLD TELECOMS WATCHDOG RELAXES CAR PHONE RULES |
Qtly div nine cts vs nine cts prior qtr Pay Nov 25 Record Nov 13 Note: Full name is International Research and Development Corp Reuter | INTERNATIONAL RESEARCH <IRDV.O> 3RD QTR PAYOUT |
Shr 57 cts vs 54 cts Net 39.3 mln vs 37.3 mln Sales 540.9 mln vs 488.5 mln Nine mths Shr 2.30 dlrs vs 1.58 dlrs Net 158.8 mln vs 108.7 mln Sales 1.67 billion vs 1.60 billion Reuter | ROHM AND HAAS CO <ROH> 3RD QTR NET |
Georgia Gulf Corp said on December One it plans to retire all 50 mln dlrs of its subordinated notes due through 1998 resulting in a charge of about 9900000 dlrs against fourth quarter results. The company also said its common stock which now traded on the NASDAQ system has been approved for New York Stock Exchange list... | GEORGIA GULF <GGLF.O> TO TAKE REDEMPTION CHARGE |
INDUSTRIAL EQUITY TELLS SEC IT WILL SEND CALMAT PROPOSAL FOR BUSINESS COMBINATION | |
IDC Services Inc said a new company will begin a cash tender offer by October 26 to acquire all of IDCs outstanding common for 16 dlrs a share. The company said the offer is being made under a definitive agreement reached with the new company IDC Acquisition Corp formed by Apollo Partners Ltd and investment clients of ... | IDC SERVICES <IDCS.O> HOLDERS OFFERED 16 DLRS |
INTERNATIONAL MULTIFOODS SAID IT FILED SUIT AGAINST BREGMAN PARTNERS | |
Shr 1.30 dlrs vs 1.85 dlrs Net 100000000 vs 144000000 Sales 1.90 billion vs 1.69 billion Nine mths Shr 5.01 dlrs vs 5.27 dlrs Net 392000000 vs 410000000 Sales 5.79 billion vs 5.31 billion Note: 1986 figures include 63 mln dlrs or 81 cts a share of net gains from facilities and businesses sold shut down or impaired and ... | MONSANTO CO <MTC> 3RD QTR NET |
CalFed Inc said strong loan volume and higher net increase income at its principal subsidiary the California Federal Savings and Loan Association contributed to the best third-quarter and nine-month results in the companys history. On a per-share basis CalFeds fully diluted earnings were 1.80 dlrs for the third quarter... | CALFED <CAL> POSTS RECORD THIRD QUARTER RESULTS |
COASTAL SAID RAISED OIL POSTINGS 50 CTS A BARREL OCTOBER 16. WTI NOW 19.00 DLRS. | |
Security Pacific Corp <SPC> said growth in its third-quarter earnings was slowed by the purchase of Rainier Bancorp and the suspension of interest payments on Brazilian and Ecuadorian loans that were placed on a non-accrual status earlier this year. The bank said it earned 128.1 mln dlrs in the third quarter up from... | BANK PURCHASE SLOWS SECURITY PACIFIC <SPC> NET |
IC Industries Inc said its board approved a second major step in the reorganization and restructuring of the company. To implement the plan of sharpening its strategic focus on consumer goods and services the company will give serious consideration to the sale of its Pneumo Abex its aerospace and defense company if it ... | IC INDUSTRIES <ICX> MAY SELL AEROSPACE UNIT |
MIDDLE SOUTH UTILITIES INC 3RD QTR SHR 90 CTS VS 84 CTS | |
DOW STOCK MARKET DROPS OVER 100 POINTS | |
Shr 1.92 dlrs vs 58 cts Net 27.9 mln vs 9480000 Sales 176.4 mln vs 137.9 mln Nine mths Shr 3.87 dlrs vs 1.69 dlrs Net 56.7 mln vs 27.6 mln Sales 505.6 mln vs 438.5 mln Reuter | GEORGIA GULF CORP <GGLF.O> 3RD QTR NET |
Shr loss 2.20 dlrs vs profit 24 cts Net loss 75.8 mln vs profit 11.6 mln Avg shrs primary 35.9 mln vs 36.5 mln Avg shrs diluted 39.3 mln vs 39.9 mln Nine mths Shr primary loss 7.04 dlrs vs profit 1.69 dlrs Shr diluted loss 7.04 dlrs vs profit 1.64 dlrs Avg shrs primary 35.9 mln vs 37.2 mln Avg shrs diluted 39.3 mln vs ... | FINANCIAL CORP OF AMERICA <FIN> 3RD QTR LOSS |
Arnox Corp said a special committee of its board is continuing talks with <TXL Corp> on the terms of TXLs offer to acquire Arnox at 10 dlrs per share. It said TXL has arranged preliminary financing. Reuter | ARNOX <ARNX.O> STILL IN MERGER TALKS WITH TXL |
shr profit 1.18 dlrs vs profit 1.15 dlrs net profit 219.2 mln vs profit 211.5 mln nine mths shr loss 84 cts vs profit 3.72 dlrs net loss 140.8 mln vs profit 682.4 mln assets 79.69 billion vs 71.99 billion loans 33.93 billion vs 35.33 billion deposits 45.68 billion vs 41.22 billion NOTE: 1987 nine mths include previousl... | J.P. MORGAN AND CO INC <JPM> 3RD QTR NET |
ROHM AND HAAS CO 3RD QTR SHR 57 CTS VS 54 CTS | |
MONSANTO CO 3RD QTR SHR 1.30 DLRS VS 1.85 DLRS | |
Australian Minister for Trade Negotiations Michael Duffy said his country and Third World commodity producers have formed an effective lobby group against farm export subsidies and market access restrictions. Duffy told a press conference the Cairns Group of 14 major agricultural producers to which Australia and Thaila... | CAIRNS GROUP SAID INFLUENTIAL IN TRADE TALKS |
Turkeys current account deficit widened in July to 674 mln dlrs from 454 mln in June but fell from 1.22 billion in July last year the State Statistics Institute said. The cumulative trade position in July showed a 1.85 billion dlr deficit after 1.33 billion in June and 1.89 billion a year earlier with exports at 4.91 b... | TURKEY CURRENT ACCOUNT DEFICIT WIDENS IN JULY |
IBC Acquisition Corp said it received about 8857807 Interstate Bakeries Corp shares in response to its tender offer for up to 8053181 shares that expired October 16 and it will purchase about 90.9 pct of the shares tendered. It said a final proration factor should be announced and payment for shares start October 26. I... | IBC'S INTERSTATE BAKERIES<IBC>BID OVERSUBSCRIBED |
<Kaiser Steel Corp>s plant in Napa Calif. has been purchased by Oregon Steel Mills for 16 mln dlrs the privately owned Portland company said. The transaction was approved by the U.S. bankruptcy judge in Denver who is hearing Kaiser Steels Chapter 11 reorganization case. James Mccaughey former vice president of sales... | OREGON STEEL BUYS KAISER'S NAPA VALLEY PLANT |
American Vision Centers Inc said Michael C. Barlerin has been elected president and chief operating officer of the company replacing Robert S. Cohen who will remain a member of the companys board. Barlerin was previously senior vice president and director of marketing for Zale Corp. American Vision also said two Kay Co... | AMERICAN VISION <AMVC.O> ELECTS NEW PRESIDENT |
Millipore Corp filed with the Securities and Exchange Commission for a proposed offering of up to 75 mln dlrs of convertible subordinated debentures due November 15 2012. First Boston Corp and Alex. Brown and Sons Inc will act as underwriters for the proposed offering. Millipore said it will use proceeds from the offer... | MILLIPORE <MILI> FILES FOR DEBENTURE OFFERING |
Xidex Corp said Lester L. Colbert Jr. will be succeeded as president and chief executive officer by executive vice president and chief operating officer Bert Zaccaria but will remain chairman. The company said Colbert has decided to take a less active role in management. Reuter | XIDEX <XIDX.O> NAMES NEW CHIEF EXECUTIVE |
CMS Energy Corp parent of Consumers Power Co said the fivefold improvement in its third quarter earnings was the result of higher electric sales. The company also cited its ongoing refinancing program which it said significantly reduced high-cost debt and preference stock and capitalized interest on assets which will b... | CMS <CMS> CITES HIGHER ELECTRIC SALES |
Dahlberg Inc said it completed a previously announced agreement with Sears Roebuck and Co to operate hearing aid centers in sears stores on a national basis. Dahlberg currently operates some 142 hearing aid centers on a concession basis in Sears stores. In connection with the program the company said it granted Sears a... | DAHLBERG <DAHL.O> COMPLETES SEARS<S> AGREEMENT |
Alliant Computer Systems Corp <ALNT.O> said it introduced a parallel vector minisupercomputer priced at less than 100000 dlrs. The company said the new FX/4 makes multi-user supercomputing affordable for the first time to workgroups in industrial and commercial markets. The company said it also introduced high-perfo... | ALLIANT COMPUTER INTRODUCES MINISUPERCOMUPTER |
Carson Pirie Scott and Co said it plans to start mailing proxy materials to stockholders in connection to a November 16 special meeting at which holders will be asked to consider a previously announced agreement with Greyhound Corp <G>. Under the agreement Greyhound will acquire in a merger three of the companys foo... | CARSON PIRIE <CRN> TO START PROXY MAILING |
The Philippine Senate approved a proposal to repay loans owed by a private company to speed up the signing of a 13.2 billion dlr rescheduling agreement with foreign banks. It concerns a Barclays Bank managed loan to fertilizer company Planter Products Inc said Teofisto Paterno chairman of the foreign debt committee. Pr... | PHILIPPINE SENATE ACTS TO SPEED DEBT PACT |
Shr 57 cts Net 6889000 vs 10.7 mln Nine mths Shr 1.67 dlrs Net 20.1 mln vs 22.9 mln Assets 1.63 billion vs 1.47 billion Deposits 1.17 billion vs 1.19 billion Loans 1.25 billion vs 936.5 mln NOTE: 3rd qtr and nine mths 1986 per share figures not available because bank converted to stock form Nov 28 1986. Reuter | HOME SAVINGS BANK <HMSB.O> 3RD QTR NET |
FW Woolworth and Co said that 2223996 shares of Armel Incs <AML> common stock were tendered to and accepted for payment by Woolworth under the terms of the previosuly announced cash tender offer which expired at 2400 midnight EDT on October 16. In addition Woolowrth said 137367 Armel shares have been tendered subjec... | WOOLWORTH <Z> COMPLETING TENDER OFFER |
Shr 15 cts vs 13 cts Net 1352000 vs 1210000 Revs 5953000 vs 3309000 Nine mths Shr 36 cts vs 27 cts Net 3257000 vs 2416000 Revs 16.6 mln vs 9705000 NOTE: If FASB adopts accounting changes then 1987 3rd qtr per share results will be restated to 22 cts and 54 cts a share for 1987 nine mths. Reuter | PLAINS PETROLEUM CO <PLP> 3RD QTR NET |
Shr profit three cts vs loss two cts Net profit 107000 vs 87000 loss Revs 6769000 vs 4992000 Nine mths Shr profit 21 cts vs loss nine cts Net profit 778000 vs loss 314000 Revs 21.9 mln vs 13.9 mln Reuter | WELLS-GARDNER CORP <WGA> 3RD QTR NET |
Sun Microsystems Cos TOPS subsidiary said it will have upgraded versions of its NetPrint and LAN -- local area network -- software packages available early next month. The company said version 2.0 of its NetPrint will be available November 10 at a suggested retail price of 189 dlrs. NetPrint is software that enables In... | SUN MICRO'S <SUNW.O> TOPS UPGRADES SOFTWARE |
New York-based Prospect Group Inc <PROSZ.O> said it acquired 527000 shares of Brinkmann Instruments Inc common stock or 14.3 pct of the scientific instrument makers common stock outstanding. In a filing with the Securities and Exchange Commission Prospect Group said it bought the 527000 Brinkmann shares in open mark... | PROSPECT GROUP HAS 14.3 PCT OF BRINKMANN<BRIK.O> |
IC INDUSTRIES AUTHORIZES REPURCHASE OF 500 MLN DLRS TO 1.0 BILLION DLRS OF ITS STOCK | |
IC INDUSTRIES SAYS IT WILL CONSIDER POSSIBLE SALE OF ITS AEROSPACE BUSINESS | |
Warner Communications Inc said its Warner Communications Investors Inc unit acquired stock and warrants representing 416668 shares of Berkey Inc common stock or the equivalent of 8.2 pct of the companys common stock outstanding. In a filing with the Securities and Exchange Commission Warner Communications Investors sai... | WARNER <WCI> HAS 8.2 PCT BERKEY INC <BKY> STAKE |
Oper shr 59 cts vs 49 cts Oper net 54.7 mln vs 44.8 mln Sales 1.04 billion vs 921.4 mln Nine mths Oper shr 2.22 dlrs vs 1.62 dlrs Oper net 203.8 mln vs 150.4 mln Sales 3.14 billion vs 2.87 billion Avg shrs 91.6 mln vs 93.1 mln NOTE: 1986 share data restated to reflect 100 pct stock dividend distributed June 12 1987 ope... | AMERICAN CYANAMID CO <ACY> 3RD QTR NET |
Shr 71 cts vs 49 cts Net 64.3 mln vs 43.7 mln Revs 838.2 mln vs 742.6 mln Avg shrs 89.9 mln vs 89.9 mln Reuter | TANDY CORP <TAN> 1ST QTR SEPT 30 NET |
Shr 1.62 dlrs vs 1.49 dlrs Net 321.8 mln vs 297.9 mln Revs 2.59 billion vs 2.49 billion Avg shrs 198.8 mln vs 199.5 mln Nine mths Shr 2.80 dlrs vs 4.48 dlrs Net 955.4 mln vs 895.2 mln Revs 7.70 billion vs 7.32 billion Avg shrs 199.0 mln vs 199.7 mln Reuter | BELL ATLANTIC CORP <BEL> 3RD QTR NET |
Shr profit 14 cts vs loss 19 cts Net profit 22.5 mln vs loss 30.0 mln Revs 693.0 mln vs 597.9 mln Avg shrs 166.0 mln vs 154.2 mln NOTE: Prior year net includes five mln dlr tax credit. Reuter | WANG LABORATORIES INC <WANB> 1ST QTR SEPT 30 |
Shr 98 cts vs 70 cts Net 12.3 mln vs 8699000 Sales 284.7 mln vs 280.7 mln Nine mths Shr 2.83 dlrs vs 2.23 dlrs Net 35.3 mln vs 27.6 mln Sales 824.6 mln vs 818.4 mln NOTE: Share adjusted for December 1986 three-for-two split. Reuter | BROCKWAY INC <BRK> 3RD QTR NET |
NUI Corp said it is studying the feasibility of spinning off nonutility subsidiaries to shareholders. The company said its propane disution natural gas spot marketing data processing oil and natural gas exploration and production natural gas gathering and underground pipe replacement businesses had sales for the year e... | NUI <NUI> MAY SPIN OFF NONUTILITY OPERATIONS |
UNISYS CORP 3RD QTR SHR 65 CTS VS 34 CTS | |
Telex Corp said its board has directed management and financial advisor Drexel Burnham Lambert Inc to investigate possible alternatives to the tender offer of Asher Edelmans TLX Partners for all Telex shares that may include seeking other purchasers for Telex. The company said the board at an October 16 meeting decided... | TELEX <TC> MAY SEEK OTHER PURCHASERS |
FINANCIAL CORP OF AMERICA 3RD QTR SHR LOSS 2.20 DLRS VS PROFIT 24 CTS | |
IBC ACQUISITION GETS 8,857,807 SHARES IN TENDER, TO BUY 90.9 PCT | |
Todays sharp sell-off of Swiss stocks and matching falls around Europe may have been overdone but the mood on financial markets is precarious Swiss securities analysts and economists said. Panic selling took Swiss shares down six pct at the opening on enormous volume triggered by the slide on Wall Street and the threat... | SWISS ANALYSTS SAY MOOD ON MARKETS PRECARIOUS |
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